Current News

LEDdynamics hired a new employee this week – and they hope to hire more. Despite the economic downturn, this Randolph business, a national leader in energy efficient LED lighting technology, is growing. In part, they credit their success to marketing efforts funded with Recovery Act dollars.
Through a $65,000 USDA Rural Development Rural Business Enterprise Grant backed with American Recovery and Reinvestment Act funds, the Randolph Area Community Development Corporation (RACDC) was able to finance marketing services and technical assistance for two Randolph companies - LEDdynamics and the Randolph Farm Stand.

Ben & Jerry s announces its commitment to go fully Fair Trade across its entire global flavor portfolio. From Americone Dream to Chocolate Fudge Brownie, all of the flavors in all of the countries where Ben & Jerry s is sold will be converted to Fair Trade Certified ingredients by the end of 2013.
Ben & Jerry s was the first ice cream company in the world to use Fair Trade Certified ¢ ingredients starting in 2005, and today it s racing ahead as the first ice cream company to make such a significant commitment to Fair Trade across its global portfolio.
Company co-founder Jerry Greenfield said, Fair Trade is about making sure people get their fair share of the pie. The whole concept of Fair Trade goes to the heart of our values and sense of right and wrong. Nobody wants to buy something that was made by exploiting somebody else.

A new lighting technology that saves energy and helps reduce greenhouse gas emissions may be coming soon to a street near you. Green Mountain Power has submitted a plan to the Vermont Public Service Board to offer LED (Light Emitting Diode) lights to replace worn-out mercury vapor lights in streetlights throughout its service area. The Colchester utility is the first electric utility in New England -- and one of only a handful in the country -- to offer an LED-specific rate to customers for outdoor lighting.
"Offering this new lighting technology to our customers furthers Green Mountain Power's commitment to being an environmentally responsible company," said Mary Powell, Green Mountain Power president and chief executive officer. "By promoting energy efficient technology we help customers to reduce the amount of energy they use and we also protect Vermont night sky." The type of LED lights being used are full cut off, meaning no light will shine above the fixture.

By Chris Graff.
Half of Vermonters want to see the Vermont Yankee nuclear power plant shut down in two years, according to a poll released today. Only 27 percent support the continued operation of the Vernon reactor while 24 percent say they are not sure. (SEE POLL RESULTS BELOW).
The poll also found that 66 percent of those surveyed said they would be willing to pay more for electricity if Vermont Yankee is shut down.
The survey of 400 Vermonters was conducted over the past weekend for a trio of news organizations, Vermont Business Magazine, WCAX-TV and WDEV Radio Vermont.
The results are in line with a similar poll two years ago when 29 percent supported relicensing of Vermont Yankee and 52 percent were opposed.
Considering the damaging events of the past month it s surprising the numbers are unchanged from two years ago.

Northern Power Systems, Inc, a next-generation wind turbine company and leading manufacturer of community wind turbines, today announced it named Parthiv Amin President of Community Wind. Amin will apply his extensive experience in the wind industry to continue to build on Northern’s leadership in the community wind marketplace.
Amin was formerly President of Winergy Drive Systems in the US, a business unit of Siemens Corp., the world’s largest wind turbine drive train (gearbox and generator) manufacturer. Prior to that role, he was Vice President of Global Marketing and Services at Emerson Electric Company, where he led global business development and played a key role in new product development and acquisition. Amin earned his post graduate studies in accounting and his MBA from Loyola College and completed undergraduate studies in mechanical engineering at the University of Illinois.

The U.S. Department of Transportation (DOT) announced today that Burlington has received a major, and highly sought after Recovery Act ( Stimulus Bill ) grant. The $3.15 million award will be used for the Waterfront North project, which involves rebuilding the end of Lake Street, realigning and upgrading portions of the bike path, and constructing the parking necessary for the redevelopment of the Moran plant. The so-called TIGER grant was announced by DOT Secretary Ray LaHood.

by Chris Graff
Lieutenant Governor Brian Dubie would defeat four of the five Democratic gubernatorial candidates if the election were held today, according to a poll released today. Only Secretary of State Deb Markowitz would beat Dubie - and Markowitz s edge, 43 percent to 41 percent, with 16 percent undecided is within the margin of error of the poll, conducted over the past weekend for a trio of news organizations, WCAX-TV, Vermont Business Magazine and WDEV Radio Vermont. (SEE POLL DATA BELOW)
The poll, which is decidedly early in the political season, reflects the fact that both Dubie and Markowitz hold statewide office and thus enjoy higher name recognition than the others.

Vermont Governor Jim Douglas on Wednesday officially welcomed AirBoss Defense to the state at the company’s new Milton plant, where the manufacturer will produce gloves to protect troops and first responders from chemical, nuclear, or biological hazards.
“This is a great day for not only both AirBoss and Vermont, but for the men and women who will use this safety equipment,” Douglas said. “They get state of the art protection; the company gets increased production capacity nearer a key market, and Vermont reaps the benefit of good jobs.”
Earl Laurie, Divisional President for AirBoss-Defense, said the company expected to have as many as 30 new workers on the job by month’s end in the combination manufacturing and distribution center located at the Catamount Industrial park in Milton, just north of Burlington, Vermont.

Weekly unemployment claims fell last week, continuing a downward trend since a spike at the end of 2009. They are now well below levels from a year ago. For the week of February 13, 2010, there were 821 new regular benefit claims for Unemployment Insurance, a decrease of 126 from the week before. Altogether 14,658 new and continuing claims were filed, a decrease of 168 from a week ago and 2,383 fewer than a year earlier. The Department also processed 4997 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 48 fewer than a week ago. In addition, there were 3,552 Second Tier claims for benefits processed under the EUC08 program, which is an increase of 74 from the week before. The Unemployment Weekly Report can be found at: http://www.vtlmi.info/.

US Representative Peter Welch on Wednesday announced a $150,000 federal grant for an innovative job-training program offered by the Community College of Vermont.
Alongside recent graduates and teachers at CCV’s Montpelier site, Welch touted the Career Readiness Certificate Program as an effective means of equipping Vermonters with vital entry-level skills, while also supporting Vermont employers in need of a quality workforce.
The federal appropriation Welch secured will help CCV increase the number of students it can serve through the program and expand it to sites around the state.

WCAX-TV, Vermont Business Magazine and WDEV Radio Vermont are teaming up to cover politics. Three of the state’s leading news organizations announced this week they will team up to cover the 2010 election. This innovative three-way partnership will take the pulse of the public through television, print and radio.
The partnership will include polling, debates and special programming right up until Election Day on November 2nd.
“We will be asking the candidates where they stand on the critical issues of our time. The public deserves a hard look at the candidates and that is what we will be doing,” said VBM publisher John Boutin.
“For the first time, broadcast radio, broadcast television and in-depth print, new media and online news are coming together to deliver relevant coverage to the citizens of the Green Mountain State.” said WDEV President Ken Squier. “We can’t wait.”

US Senator Patrick Leahy and members of the Putney Historical Society, Preservation Trust of Vermont and Vermont Housing and Conservation Board met at the site of the Putney General Store Wednesday morning to announce that a new $60,000 federal grant will ensure that construction on the new General Store can begin this year.
None of us here could have imagined that instead of touring a new and improved Putney General Store today we would be standing in front of a vacant lot, said Leahy. But the fact that we are still here is a testament to the Putney community and another example of how in a time of crisis Vermonters pull together.